![]() ![]() If the shutting of petrol pumps ion Sundays is declared, about 25,000 outlets in Tamil Nadu, Kerala. The 24 states where dealers will join the protest are Tamil Nadu, Karnataka, Kerala, Telangana, Andhra Pradesh, Delhi, Punjab, Haryana, Rajasthan, Gujarat, Maharashtra, Himachal Pradesh, Bihar, Assam, Meghalaya, Arunachal Pradesh, Mizoram, Nagaland, Manipur, Tripura, Sikkim, the North Bengal Dealers Association, Madhya Pradesh, and Uttar Pradesh. The remaining 5 per cent fuel pumps are owned by private operators Reliance and Essar. I would be grateful if some correct information is. Also what is the return on investment under this category. What I want to know is size of land, capital, employees, etc. But consumers have already started feeling the impact. ![]() “A mechanism should be in place to isolate dealers from excise duty changes.Dealers should not make profit due to increase in excise duty, neither should they be burdened with loss due to reduction,” it demanded. I am a retired person and a friend of mine has lot of interest to invest and run a Petrol Pump in Kerala. The oil sector officers association, an umbrella organisation of 45,000 employees in the public oil sector companies, called for an indefinite strike from Wednesday to force the government to give them wage hikes. The association demanded that the losses on account of excise reduction should be reimbursed by the OMCs and future price change should happen in line with Dynamic Pricing Mechanism. Ernakulam +91-9400292765 Contact Supplier High Land Restaurant Kochi, Dist. Ernakulam +91-8281301681 Contact Supplier Garden Restaurant Kochi, Dist. “The dealer commission is essentially a reimbursement of our expenses like salaries, electricity bills, and others which have increased manifold during the last five years.Our demand is to revise dealer commission which has been overlooked by OMCs,” said Narayan. Ernakulam +91-9447034679 Contact Supplier Kalpaka Farm Devasmitham, Kochi, Dist. The prices of fuel have almost doubled since 2017, hence the working capital in business has also doubled leading to additional loans and bank interest and the evaporation losses have also increased proportionately, it said. The dealers association claimed that there was an agreement between OMCs and the dealers association that the dealers’ margins will be revised every six months, but this has not been done since 2017. At a media briefing by the Petrol Pump Dealers Association, he said that the campaign to not purchase fuel from oil companies on Tuesday will be taken over the non-increase of dealer margins over the past 5 years and the issues with losses incurred from excise duty revisions by the government. ![]()
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